University of Missouri-Saint Louis Entrepreneurship and Innovation Center’s Anchor Accelerator

The STL Diversity, Equity, and Inclusion Accelerator Powered by UMSL Accelerate looks for the best and brightest, underrepresented entrepreneurs with creative solutions, technologies, and business models for improving inequities in the greater St. Louis region.

About

Applicant Eligibility: 

The most competitive applicants will be: 

  • For-profitof startups and small businesses, 
  • Focused on business models that are scalable and impactful,
  • Near- or post-revenue, and 
  • Based in the Greater St. Louis Metropolitan Area

Perks & Benefits for Winning Founders:

Winning founders will receive the following perks and benefits: 

  • $50,000 cash award, equity free for 6-8 founders,
  • 8-week exclusive, customized business development program, 
  • One lead mentor to serve as accountability coach,
  • Paid student intern for 20 hours a week during program, 
  • Access to 100,000+ person strong UMSL alumni database,
  • Assigned mentors who are subject matter experts for technical support and customer introductions
  • Various in-kind technology support and direct resources, 
  • Demo day to pitch businesses to St. Louis startup ecosystem for further support, 
  • Free dedicated work space during program,
  • 18 months of incubator space post-program. 

Responsibilities for Winning Founders: 

Winning founders will be responsible for the following: 

  • Completing their submission of initial application and subsequent due-diligence documentation; 
  • Participating in pitch competition, announcement event, and demo day;
  • Fully attending 8-week business development program; 
  • Submitting semi-annual reporting of business progress post-program;
  • Signing a founder commitment letter; and
  • Growing their company in Greater St. Louis. 

 

Applications will be open 10/6/20-10/26/20. 

Services Provided

Financial Resources and Assistance

  • Grant Provider (Specialty)

Office, Incubator, Accelerator, Laboratory, Kitchen and Meeting Space

  • Accelerators (Specialty)

Internship Programs and Student Services

  • Internship Program (Specialty)

Mentoring

  • Formal Mentoring Programs (Specialty)
Contact Information
Michael Butler
Address
UMSL Entrepreneurship and Innovation Center
35 Performance Drive
Saint Louis, MO 63121